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Fintech / Regtech
Crypto-related Financial Stability Risks are Increasing: FSB
By Manesh Samtani | 16/02/2022
Crypto-related financial stability risks could “rapidly escalate”, underscoring the need for “timely and pre-emptive” evaluation of possible policy responses.
Fintech / Regtech
Australia Commences Review of Consumer Data Right
By Editors | 16/02/2022
The review will explore the extent to which implementation of the CDR drives value for consumers, increases competition, and drives innovation in data services.
Fintech / Regtech
Thai SEC Proposes New Rules on Crypto-related Advertising
By Manesh Samtani | 15/02/2022
Advertisements related to cryptocurrencies in public areas will be prohibited, but advertising of services “can still be carried out normally”.
Fintech / Regtech
IMF Paper Offers Insights from Six CBDC Pioneer Projects
By Sanday Chongo Kabange | 15/02/2022
A new IMF paper offers lessons on CBDCs drawn from ongoing projects in China, the Bahamas, Sweden, Uruguay, Canada and the ECCU.
Fintech / Regtech
DBS to Offer Retail Crypto Trading by Year End
By Mark Johnston | 15/02/2022
DBS plans to make access to its institutional trading desk for digital assets more convenient and to launch retail services by year-end.
AML / KYC
In Conversation With Siddhant Sahai, Deutsche Bank
By Bradley Maclean | 15/02/2022
Siddhant Sahai says a greater focus on inter-bank relationship monitoring and timely sharing of information are needed to truly address financial crime risks.
ESG / Sustainability
JPX Commences Research On ‘Digitally Tracked Green Bonds’
By Editors | 14/02/2022
JPX plans to issue the bond to help it achieve carbon neutrality, while at the same time enabling investors to track its progress over time.
AML / KYC
MAS Issues Guidance on Tech Adoption for Remote CDD
By Manesh Samtani | 14/02/2022
MAS identifies good industry practices used to guard against fraud, impersonation, and document tampering in a non-face-to-face setting.
Fintech / Regtech
UN Agency Approves Technical Standards Project for NFTs
By Editors | 14/02/2022
The project is led by Tencent, with support from other companies, universities and institutions including Ant Group.
AML / KYC
In Conversation With Nathan Newman, AUSTRAC
By Bradley Maclean | 11/02/2022
Nathan Newman says regulated entities are uplifting their AML capabilities but could do more to apply appropriate assurance to their upgrades.
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